Please note that all the content is copywritted by the original
Blog's author!
Are Foreign Investors and Central Banks Free-Riding on China? at 2006-07-09 19:42:58
One of the most frequent criticisms lobbed at China is that its export led growth model is distorting the world’s trade and current account balances. Indeed, over the course of the past year, these global imbalances have worsened – over the first half of 2005, China’s trade surplus (on the strength of 30% y-o-y export growth) outstripped that for the whole of 2004. And China’s current account
